When was Deeplite founded?

Deeplite was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Deeplite located?

Deeplite is headquartered in Toronto, Canada.

How many employees does Deeplite have?

As of Aug 31, 2026, the latest employee count at Deeplite is 4.

Is Deeplite a funded company?

Deeplite is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Apr 07, 2021.

When was the latest funding round of Deeplite?

Deeplite's latest funding was a $***** Seed round on Apr 07, 2021, with participation from 7 investors. Its primary sector is AI Infrastructure. In Canada, the AI Infrastructure sector has seen $1.33B in funding in 2026 to date.

Where does Deeplite rank among its competitors?

Deeplite ranks 23rd amongst 657 active competitors, of which 71 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Judgment, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Deeplite?

Deeplite's top competitors include Deccan AI, Lattice Flow and Openlayer. Among them, Judgment secured the most recent funding round in May, 2026.

Deeplite - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online platform for software testing and optimization. The platform helps teams evaluate, refine, and improve software performance and efficiency. It supports identifying issues, improving reliability, and optimizing systems through structured analysis and automated workflows within an online environment.

Website: www.deeplite.ai
Email ID: *****@deeplite.ai

Key Metrics

Founded Year

2019

Location

Toronto, Canada

Stage

Acquired

Total Funding

$6M in 1 round

Latest Funding Round

Seed, Apr 07, 2021, $*****

Investors

PJC & 9 more

Ranked

23^rd among 657 active competitors

Employee Count

4 as on Aug 31, 2026

Similar Companies

Deccan AI & 354 more

Exit Details

Acquired by STMicroelectronics (Apr 23, 2025)

View Deeplite's full profile

Deeplite got acquired by STMicroelectronics on Apr 23, 2025.

Click here to take a look at Deeplite's acquisition in detail

Deeplite has raised a total funding of $6M over 1 round. Its latest funding round was a Seed round on Apr 07, 2021 for $*****. 7 investors participated in its latest round. Deeplite has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Deeplite:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 07, 2021	3185616	Seed	8698087	4405149	7611907	4035244

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View details of Deeplite's funding rounds and investors

The founders of Deeplite are Nick Romano, Davis Sawyer, Sudhakar Sah and Ehsan Saboori.

Here are the details of Deeplite's key team members:

Nick Romano: Former Co-Founder of Deeplite.
Contact Info: 1 email address
Davis Sawyer: Co-Founder & Chief Product Officer of Deeplite.
Sudhakar Sah: Co-founder & VP Engineering of Deeplite.
Ehsan Saboori: Former Co-Founder of Deeplite.
Contact Info: 1 email address

View details of Deeplite's Founder profiles and Board Members

Deeplite's employee count trend

Deeplite has 4 employees as of Aug 26. Here is Deeplite's employee count trend over the years:

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Top competitors of Deeplite include Deccan AI, Lattice Flow and Openlayer. Here is the list of Top 10 competitors of Deeplite, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Deccan AI 2023, Mountain View (United States), Series A	Provider of training data and evaluation environments for artificial intelligence	$25.1M	A91 Partners, Prosus & 3 others	66/100
2nd	Lattice Flow 2020, Switzerland, Series A	Provider of an AI-based platform for building and deploying machine learning models	$14.8M	Global Founders Capital, b2venture & 7 others	62/100
3rd	Openlayer 2021, San Francisco (United States), Series A	Provider of AI evaluation and observability platform for enterprise applications	$19.4M	Y Combinator, Race Capital & 23 others	62/100
4th	Prophet Security 2023, Atherton (United States), Series A	Provider of an AI SOC platform with agentic AI analyst	$41M	Accel, Citi Ventures & 2 others	62/100
5th	TurinTech 2017, London (United Kingdom), Series A	Provider of AI development services	$16.3M	IQ Capital, Deep Vision Capital & 3 others	61/100
6th	Adaptive ML 2023, New York City (United States), Acquired	Cloud-based platform for building and testing large language models	$20M	Index Ventures, IRIS & 6 others	61/100
7th	Latent AI 2018, Menlo Park (United States), Series A	Provider of an ML optimisation platform for edge applications	$22.5M	Future Ventures, Booz Allen Hamilton & 12 others	57/100
8th	SplxAI 2023, United States, Acquired	Provider of AI powered pentesting solutions	$8.99M	Inovo, LAUNCHUB & 6 others	57/100
9th	Judgment 2025, San Francisco (United States), Series A	Provider of agent behavior monitoring toolkit for production agent reliability	$32M	Lightspeed Venture Partners, Ascolta Ventures ... & 4 others	55/100
10th	Runloop AI 2024, San Francisco (United States), Seed	Provider of infrastructure for developing, testing, and deploying AI coding agents	$7M	The General Partnership, Blank Ventures	54/100
23rd	Deeplite 2019, Toronto (Canada), Acquired	Online platform for software testing and optimization	$6M	PJC, Desjardins & 8 others	46/100